Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – Time to Buy?

Cyrela Brazil Realty SA (OTCMKTS:CYRBY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $4.17, but opened at $4.52. Cyrela Brazil Realty shares last traded at $4.52, with a volume of 1,766 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Cyrela Brazil Realty to a “hold” rating in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Cyrela Brazil Realty has an average rating of “Hold”.

Cyrela Brazil Realty Trading Up 1.5%

The firm’s 50 day simple moving average is $4.48 and its two-hundred day simple moving average is $5.23. The stock has a market capitalization of $1.73 billion, a P/E ratio of 4.90 and a beta of 0.56. The company has a quick ratio of 9.04, a current ratio of 9.04 and a debt-to-equity ratio of 0.26.

Cyrela Brazil Realty Company Profile

Cyrela Brazil Realty SA Empreendimentos e Participações is a leading Brazilian residential real estate developer. Founded in 1962 by Elie Horn and headquartered in São Paulo, the company has built a reputation for high-quality construction, innovative architectural design and sustainable building practices. It focuses primarily on luxury and mid-market housing projects, combining modern amenities with meticulous craftsmanship.

The company’s core activities encompass land acquisition, project design, construction management and sales of residential units such as condominiums, single-family homes and mixed-use developments.